Tompkins Financial Corp Sells 16,996 Shares of NVIDIA Corporation $NVDA

Key Points

• Tompkins Financial reduced its NVIDIA stake by 6.7%, selling 16,996 shares and retaining 238,194 shares valued at approximately $54.4 million. NVIDIA remains the fund’s seventh-largest holding and represents 3.8% of its portfolio.
• NVIDIA insiders sold 1.77 million shares worth roughly $399.5 million over the past 90 days, including significant sales by CFO Colette Kress and director Mark Stevens. Institutional investors still own 65.27% of the company.
• Analyst sentiment remains strongly bullish, with a consensus “Buy” rating and a $321.47 price target. NVIDIA also reported 105.9% year-over-year revenue growth and authorized a $150 billion share-repurchase program, although concerns include valuation, infrastructure bottlenecks and rising competition in custom AI chips.

Tompkins Financial Corp reduced its stake in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 6.7% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 238,194 shares of the computer hardware maker's stock after selling 16,996 shares during the quarter. NVIDIA accounts for approximately 3.8% of Tompkins Financial Corp's portfolio, making the stock its 7th largest holding. Tompkins Financial Corp's holdings in NVIDIA were worth $54,399,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of NVDA. Longview Financial Advisors Inc. bought a new position in NVIDIA during the 1st quarter valued at approximately $27,000. Montgomery Financial Services LLC purchased a new stake in NVIDIA in the 2nd quarter worth approximately $28,000. Langley Wealth Management LLC purchased a new stake in NVIDIA in the 2nd quarter worth approximately $34,000. Phillip James Consulting Co. purchased a new stake in NVIDIA in the 1st quarter worth approximately $40,000. Finally, Bard Associates Inc. grew its position in shares of NVIDIA by 8,866.7% in the 2nd quarter. Bard Associates Inc. now owns 269 shares of the computer hardware maker's stock worth $54,000 after buying an additional 266 shares during the last quarter. Hedge funds and other institutional investors own 65.27% of the company's stock.

Insider Transactions at NVIDIA

In other news, CFO Colette Kress sold 34,918 shares of the business's stock in a transaction that occurred on Thursday, September 17th. The stock was sold at an average price of $219.05, for a total value of $7,648,787.90. Following the sale, the chief financial officer directly owned 765,103 shares of the company's stock, valued at $167,595,812.15. The trade was a 4.36% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark Stevens sold 622,239 shares of the company's stock in a transaction that occurred on Friday, September 4th. The stock was sold at an average price of $231.62, for a total value of $144,122,997.18. Following the completion of the sale, the director owned 2,336,531 shares in the company, valued at $541,187,310.22. The trade was a 21.03% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 1,766,118 shares of company stock valued at $399,450,353 in the last ninety days. 3.94% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on NVDA shares. DZ Bank reissued a "buy" rating on shares of NVIDIA in a research note on Wednesday, August 26th. Wells Fargo & Company set a $210.00 target price on NVIDIA in a report on Friday, October 2nd. Sanford C. Bernstein reaffirmed a "buy" rating on shares of NVIDIA in a research note on Monday, September 21st. TD Cowen reiterated a "buy" rating on shares of NVIDIA in a report on Tuesday, August 18th. Finally, President Capital boosted their price objective on shares of NVIDIA from $295.00 to $330.00 in a research report on Thursday, August 27th. Five analysts have rated the stock with a Strong Buy rating, forty-nine have assigned a Buy rating and one has given a Hold rating to the company's stock. According to data from MarketBeat.com, NVIDIA has a consensus rating of "Buy" and a consensus price target of $321.47.

Key Headlines Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: SpaceX reportedly committed up to $40 billion in financing for NVIDIA’s Vera Rubin processors, with deliveries expected in 2027. SpaceX’s plans to build at least 10 gigawatts of computing capacity could create substantial long-term demand for NVIDIA hardware. Elon Musk and SpaceX Just Delivered Incredible News to Nvidia
• Positive Sentiment: Anthropic’s IPO filing highlighted approximately $224.5 billion in non-cancelable compute agreements with Amazon and Alphabet. The commitments reinforce expectations for sustained hyperscaler spending on NVIDIA GPUs and other AI infrastructure, despite Anthropic’s reported accounting-driven loss. Anthropic's IPO Filing Reveals a Massive Opportunity for AI Infrastructure Giants
• Positive Sentiment: Demand indicators remain strong: GPU rental prices have risen sharply, including for older chips, while NVIDIA is expanding beyond data centers through a self-driving partnership with Mercedes-Benz and an industrial AI collaboration with Honeywell and Dell. Nvidia Just Doubled Down on Self-Driving Cars With Mercedes
• Neutral Sentiment: Analyst sentiment remains overwhelmingly bullish, with reports citing a 98% buy-rating rate and continued confidence in NVIDIA’s triple-digit revenue growth. However, the shares remain below their 50-day moving average while trading above the 200-day average, reflecting both strong long-term momentum and near-term volatility.
• Negative Sentiment: Credit-market pressure could slow AI data-center construction and reduce GPU purchases by highly leveraged neocloud operators. Analysts also warn of infrastructure bottlenecks, while Broadcom’s custom AI chips and open Ethernet alternatives could gradually challenge NVIDIA’s ecosystem and InfiniBand position. Seaport Reiterates Sell Rating On Nvidia Stock Over Data Center Infrastructure Bottlenecks

NVIDIA Stock Up 2.4%

Shares of NVIDIA stock opened at $216.00 on Tuesday. The company has a debt-to-equity ratio of 0.14, a current ratio of 4.59 and a quick ratio of 3.85. The company has a 50-day moving average of $222.48 and a 200 day moving average of $203.56. The firm has a market cap of $5.21 trillion, a price-to-earnings ratio of 27.31, a PEG ratio of 1.62 and a beta of 2.22. NVIDIA Corporation has a 1 year low of $164.27 and a 1 year high of $243.37.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its quarterly earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.09 by $0.13. NVIDIA had a net margin of 63.66% and a return on equity of 96.04%. The company had revenue of $96.22 billion during the quarter, compared to analysts' expectations of $92.27 billion. During the same period last year, the company posted $1.05 EPS. NVIDIA's revenue was up 105.9% on a year-over-year basis. As a group, sell-side analysts anticipate that NVIDIA Corporation will post 9.30 earnings per share for the current fiscal year.

NVIDIA announced that its board has approved a share repurchase program on Monday, September 28th that authorizes the company to buy back $150 billion in shares. This repurchase authorization authorizes the computer hardware maker to reacquire up to 2.8% of its shares through open market purchases. Share repurchase programs are often an indication that the company's management believes its stock is undervalued.

NVIDIA Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 1st. Stockholders of record on Thursday, September 10th were issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 0.5%. The ex-dividend date was Thursday, September 10th. NVIDIA's dividend payout ratio (DPR) is presently 12.64%.

NVIDIA Profile

NVIDIA Corporation NASDAQ: NVDA is a technology company that designs graphics processing units (GPUs), accelerated computing platforms, networking products and related software. Its technologies support artificial intelligence, machine learning, scientific computing, data analytics, professional visualization and computer graphics.

The company's products include GeForce GPUs for gaming and personal computing, data center GPUs and systems for AI and high-performance computing, and networking solutions used to connect and manage large-scale computing infrastructure.

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